MarketResearchReports.Biz presents this most up-to-date research on"global industrial shredder machine market to grow at a CAGR of 0.72% during the period 2017-2021"

Albany, NY -- (SBWire) -- 03/23/2017 --An industrial shredder can shred all kinds of materials such as tires, car wrecks, metals, plastics, wood, and garbage. However, the shredding process depends on the machine's design and size. Shredders are available in numerous sizes and designs. Design variations include horizontal hammer mills; vertical hammer mills; slow speed and shear type shredders of single, dual, triple and quad shaft design. It also includes shaft grinders of single or dual-shaft design; knife hogs; granulators; raspers; flails; mawlers; cracker mills; and refining mills.

Technavios analysts forecast the global industrial shredder machine market to grow at a CAGR of 0.72% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial shredder machine market for 2017-2021. To calculate the market size, the report considered the demand side. It includes the estimation of installed base of shredder machines globally, Bifurcation of the geographical spread of the machines based on recycling throughput levels, and by multiplying the units with the average selling price of each machine.

The market is divided into the following segments based on geography:
Americas
EMEA
APAC

Technavio's report, Global Industrial Shredder Machine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Metso
SSI Shredding Systems
UNTHA
St. Jude Medical
WEIMA

Other prominent vendors
Brentwood
BCA Industries
Vecoplan
Hammermills International
Advance Hydrau Tech
MOCO
Ecostan
Servo International
Rapid Granulator
ANDRITZ
ECO Green Equipment
Granutech-Saturn Systems

Market driver
Rise in production of light vehicles
For a full, detailed list, view our report

Market challenge
Fall in commodity prices reducing demand for scrap
For a full, detailed list, view our report

Market trend
Growing sales of EVs
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?